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My Top 5 Crypto Holdings [] As of August 2023
The Hive-Backed Dollar (HBD) and How it Can Carry HIVE to Mainstream Adoption
Introducing HBDSTATS.COM | A Simple And Easy Way To Track The Health Of HBD | Hive Debt, HBD Support Price, HBD Supply And More
14 Months Later, Fundamentals Is Still King
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Venus for usdc and fdusd. Usdc is only around 7% right now. I count the average at 6-8 usually. I have a bunch of fdusd there too at 16% average apr. I also have HBD on hive.io at 15%. That's all I have. I used to have it more spread out but with so many exploits I removed my savings from less reputable income sources. I also wanna sell a bunch to get into stocks for dividends but that'll come with time as I'm currently stabilizing due to migrating recently to another country with different tax laws.
I bought some today, exclusively because of this. HBD
Hive and HBD offer decentralized blogging and stablecoin options, which can complement Bitcoin's use case by providing additional financial tools and content platforms.
So, you can earn Hive your articles get upvotes and you can earn Hive when you curate other. Also, you earn Hive when you PowerUP or Stake HBD (Hive backed Dollar) Now we have implemented the possibility to earn BTC as well. So, Bitcoiners can use Hive platform and post images, articles and videos but this time earn BTC.
Interesting approach! How are you balancing HBD and BTC in your portfolio during this bear market?
That's awesome! It's great to see more places accepting Bitcoin for everyday purchases. How was the process of converting HIVE/HBD to BTC with v4vapp?
What you see here in the video is us using Hive Blockchain Tool called v4v app that converts Hive or Hive Stable Coin called HBD to BTC and right away pay with BTC.
I think probably the big thing that will help you with this task is separating the DHF (the Decentralized Hive Fund, which is controlled by stake weighted voting of all users, and is keyless and trustless; the blockchain does all calculations on votes, timing, distribution etc and handles them automatically every block) with the Valueplan account/initiative (a proposal made to the DHF that had approval of funds in the past which it then disburses similar to a foundation or entity with it's own rubric, criteria and goals). Valueplan doesn't really explain Hive as a whole in any particular way to the people of r/cc other than it being a good example of how the DHF itself functions as part of Hive's governmental model. So- "how Hive's DHF funds are allocated." Anyone can make a proposal to the DHF with a request for funding by paying 10 $HBD to the DHF (with more $HBD required if the proposal aims for a long-term voting and disbursement period that goes beyond the standard.) It can begin immediately at the time of the proposal transaction being made- ie disbursement starts immediately if it is voted up to pass right away, or can set to start for a future date, which is often a better choice as it allows people to vote on it before the disbursement window is reached. By outlining their goals, their requested funds, what they promise to do or fulfill (if relevant) and whatever additional information they feel is applicable to their ask in a post that is attached to the proposal transaction, Hive holders can decide if they would like to vote for it with the influence and weight of their HP. (staked $HIVE) If the proposal receives enough support via the amount of votes and the stake weighting behind them, the blockchain will start trustlessly and automatically paying out the requested funds in increments. DHF proposals which have passed can also be unfunded at any time if the users who are voting for it decide to remove their support. This means that there is often a lot of work that needs to be done by a proposer to talk about what they want to achieve, how they plan to do it, and what benefit it will bring to the Hive blockchain community as a whole. Much like any foundation or DAO, without building a reputation or doing a lot of legwork, the odds of being funded really fluctuate since they are solely placed in the hands of the entirety of Hive's stakeholding governance populace. Valueplan has it's own guidelines available on it's own on-chain blog, so looking there and communicating/working through it's particulars is separate from the DHF entirely and I'd recommend commenting over there or reading through their on chain information to gain a better understanding of how to align your initiative with it's goals. That leads us into the question of futures listings, and I have addressed this in part in another comment, which has a lot to do with the legal (and yes, the great costs) behind that type of application: [https://www.reddit.com/r/CryptoCurrency/comments/1h89ppw/comment/m0rz87g/](https://www.reddit.com/r/CryptoCurrency/comments/1h89ppw/comment/m0rz87g/) but also, yes! The DHF can't do anything without people who can do the work, though. So when we say, "more effort should be made by the DHF" what we're actually saying is, "I need someone to do this"! Solving some of the above hurdles in progress will make it easier for someone like myself to expand my work to, but others are always welcome and encouraged to step up and take action; that's the grassroots part of things, since the DHF is \*not\* a controlled foundation like so many other chains have, both to their detriment and benefit.
It was the blurst of times, for sure. It's a story that does really give a lot of context to why Hive exists and why you can't kill it, but it also is only a tiny piece of the puzzle and focusing too much on our creation mythos doesn't do enough to sell people on the idea that $HIVE, $HBD, and the things like VSC that are being built in our ecosystem are important and worthwhile to check out. ⭐ grabbed your wallet address, sent you 3$ HIVE, thanks for participating!
Joke answer: like most people in crypto, I'm at least partially mentally unstable Real answer: I actually often give talks at global talks on this topic. One of the biggest draws for me is the fact that Hive is incredible human. It's human tech, built by humans, for humans. It flows and evolves around our emotional and social needs, but also around our technological and financial needs. It was born out of incredible passion and a collective need to protect a blockchain that had become a real beacon for people to use how they wanted, engage with each other, help distribute the coin naturally... the list goes on. I've been in the cryptospace since 2015. I hold a lot of coins- I champion functional, forward thinking blockchain and crypto that is built to solve problems and bring people together by giving them agency. Hive checks so many boxes for me in that I can see exactly where it slots in amongst other long term coins and brings necessary solutions, but also that it's focused around entirely different aspects of what we do with code and how we engage with each other and with the value we create. I started out with "haha, what the heck is this thing, maybe I can make some coins on a cute animal pic" and very quickly became more interested in running a node, helping more people develop their own ideologies around decentralization, and encouraging "normal" people to be authentic and successful in a world that is increasingly stacked against them by shitty governments and financial structures. The way that web3 grows is by complimenting and connecting the services we use now, in ways that help us begin to be able to think more about what we want and need to grow and build a better world. That can absolutely start with just cute animal pics. 🖤 If you're not interested in games and social, that's no problem! not everyone in the world is a content creator, or even a content consumer. If you're simply financially focused, Hive's superpower is being a near instant, super functional and no cost set of no-KYC rails for transactions made on other chains- like how V4V expands and enhances Bitcoin Lightning. It also is a great fit for someone who wants to earn APR over time without committing to locking up or transferring funds to a custodian- HBD for example has a 3.5 day lockup which allows you access to a current 15% (controlled by the block producers via publicly signalled consensus voting) compounding monthly. You can also just use it for things like no fee end to end encrypted on chain messaging.
I think one of the weirdest and most interesting things about Hive is that even though on a lot of fronts it \*could\* compete, what it really excels at is being a complimentary toolset. People often wonder why any new crypto project pops up, and why everyone is always chasing the next big problem with a miracle answer. As a community that has been around 2016 and who has helped create and nurture Hive out of one of the largest ideological and governmental attacks that's ever happened, a lot of the people who love this blockchain truly believe that anyone (including other chains!) can use it to enhance their own offerings because we're good at things they aren't- we don't need to replace anyone, though in terms of adoption, it is slowly happening over time. When it comes to VSC, it's really easy to see why- truly no-KYC rails and \*actual\* non-third layer blockchain interconnectivity that utilizes our no fee and near instant high thruput is a great match for some of the chains that have wild budgets and lots of hype and adoption, but that create shitty centralization experiences or that still nickel and dime you with fees- it doesn't matter how small they are, they're barriers to better functionality and use. HIVE and HBD are actually already used for instantaneous BTC lightning requests and payments; it allows for zero fees, super fast confirmation and no KYC until you decide to take your BTC out of a channel (which of course, then you're subject to whatever trade or ramp partner you're choosing to work with.) There's a growing group of other projects who are using Hive's voting and distribution system to actually allow other projects (crypto or not) to start spreading points and currencies while building up strong and engaged communities. Dash is a great example of this, using the InLeo front end to help more people get their hands on some Dash as well as providing live tools to enhance and monetize things like X spaces. Getting developers to test it out and take advantage of it is definitely the kicker! When you're not like the Solanas and Polygons of the world, with gigantic grants budgets you can throw at people (regardless of whether they stay or produce anything of value) we're going to have to enter the new year making a lot of noise about how we don't require any special programming but instead can be utilized with free access to RPCs via common web languages, and really highlight a few of our growing initiatives like hackathons. One of the biggest things that people on Hive do is post on Hive powered platforms, which is awesome, because almost anything new can be immediately bootstrapped by the whole community who is wildly passionate- but that sentiment doesn't reach the outside world, which is of course why we're starting out place like here on Reddit to start sharing the possibilities with more people\~
One of the biggest obstacles in my opinion (although being worked on) remains the onboarding method. For web3 users already familiar with metamask and other wallet extensions they may easily understand Hive Keychain and that they need to properly store their keys somewhere safe, but web2 users often come asking how to recover the keys they've lost not realizing I'm going to have some bad news for them. What Hive has however which I don't see many other blockchains provide, is a social recovery feature in cases where keys get hacked/copied and changed. If you've created an account using inleo for instance as you mention here, inleo automatically becomes your restoration trustee which in that event allows you to reset the keys within a month (as long as you still have the original keys) while cutting off the hacker who changed the keys and is waiting on unstakes to steal your Hive. To get back to your first question, Hive has experimented with the way reward distribution is balanced for over 8 years. Currently the pending amount displayed you see there is shared 50/50 between the voters and the author. So out of let's say $100 pending payout, $50 in Hivepower (staked hive) will go to all the voters based on their stake while the other $50 is split once more 50/50 to give $25 in HBD (Hive's stablecoin) and $25 in Hive Power (staked Hive). The displayed amounts and HBD also depend on the price of Hive, currently at $0.33 per Hive this means that this particular post is going to earn $25 HBD and 75.757 HP (~$25), this changes based on the average 3 day price of Hive. If that same post with the same voters were to have occurred at a time where Hive is worth $3.33 (as it was a few years ago), the voters would still get the same amount in Hivepower, the author would still get the same amount of HP as well, 75.757 in this case, however that HP would be worth a lot more $ in that case (75x3.33=$249.75) which also means they'd get ~$250 HBD rather than only $25 as is the case now. However, hopefully when/if Hive is back to those prices, there'll be a lot more users competing for the upvotes so that people wouldn't "overreward" the same few users over and over by then which naturally means those that posted and stayed vested would see an appreciation of 10x from the posts they did today when the price was lower. PS. I threw you a follow on your Hive account, if you wanna leave a comment under a recent post of mine (same username) I can throw you a vote so you can witness what I talked about yourself when the comment pays out after 7 days. :)
Honestly, I love and have been waiting for this question. Thank you for asking it! One of the easiest ways to know is because the Hive blockchain has been around for over 4 years, with its legacy chain stretching back to 2016. Hive was created with no founders, no corporation, no controlling ownership interest and no VC ownership or influence. There is no token a allotment for team or anyone else, but instead a wholly community controlled, trustless, keyless DAO with no foundation. Hive was actually created in one of the biggest 51% attacks the world has ever seen, when the legacy blockchain was bought by Justin Sun and the community of users and developers decided to fork the chain and leave to create a truly decentralized fairly distributed project that didn't have block production and a huge allotment of ninja mined coins controlled by a questionable single founder. (here's a great article or two! https://decrypt.co/38050/steem-steemit-tron-justin-sun-cryptocurrency-war https://decrypt.co/22697/the-secret-plan-to-save-steem-from-tron-ceo-justin-sun) When you buy Hive, you are not buying from anyone except other users, and you are able to earn small bits of the currency by posting or curating, by playing games, or other means that don't require a purchase. There is no ICO, no pre-sale, no influencer allotments, and what that means is that it functions very differently from other technologies out there. There is no one to pull the rug on you, as our code base is completely and totally open source, is actively developed and maintained by about 90 different people working inside the ecosystem, and there is no treasury or secret stash of allocated coins that anyone can run off with. While we're still susceptible to the overall market and general movements in crypto, there is no way by the definition of rug pull for that to occur at the protocol level. Hive is often a weird thing to talk to other people about, because there is no one whose job it is to sell you Hive. Everyone that uses the blockchain and the currency wants it to do better and is passionate about it, and has a vested interest in the price going up because they hold or use the coin. But one thing you will notice over time is that Hive is ridiculously consistent...It doesn't experience gigantic pumps and it doesn't experience horrific dumps, and a lot of that comes from the fact that distribution happens every single day via social interactions, and people use it all around the world for all sorts of things including p2p payments and rails for BTC lightning. It is not a purely speculative coin, and it has been on major exchanges like Binance for almost half a decade. It doesn't have a flashy team who waste a lot of money buying influence so they can stuff their bags and run! This kind of makes it an anomaly in today's landscape. People who hold Hive that want to earn on it in more traditional crypto degen ways usually will swing trade on exchanges or will collect passive APR from our ecosystem stablecoin HBD.
It's pretty hard to encompass what's possible in one post without writing a dissertation, so I appreciate this question a lot! Often Hive really gets a lot of focus on its functionality as an ultra fast content and voting database when introducing newbies to it, because everybody understands how social media functions and it's a great way to dip your toes in without a sharp learning curve. If you can post a picture of your cat on facebook, you can do the same thing into a cat or picture community on a hive-based platform. When I get asked this question out and about, my answer usually starts with, 'what do you do on the internet?' Where your hobbies and interests lie are a great indicator to me of where there's probably some hybrid web 3 tools or sites that you can adopt into your daily life. But for hardcore, financially focused crypto users we have an ecosystem stable called HBD that has high self-custodial APR (currently 15%) with no long-term lockup required if you're looking just for a place to park and earn passive income while learning more about ways to engage or earn. There are plenty of people holding HIVE and HBD who never actually create, curate, or play games who are just as involved in the ecosystem and the crypto but remain really hands off.
Buy HBD and keep it in Staked savings. 20% Apr and he’s got a dollar backed investment
My crypto (HIVE) has a use case. They already have many Dapps built on it including several social media sites. A microblogging platform several P2E games. I earn HIVE and other level 2 tokens daily just from posting. I then move those rewards into HBD (a stable-ish coin) and earn 20% APR compounded monthly. So yes I believe it will make me rich one day. I've already cashed out my initial investment and am free rolling with a account that's worth roughly 6K
I am someone who never really get excite about my birthday but advance HBD to OP
People are sleeping on HBD. 20% APR currently. I an using it to yield hack with ETH.
sounds like the best birthday ever. HBD
HBD! Hope you have a great day
You're the hero we need but don't deserve! HBD to ccmoons.
Release the moons! HBD Ol Kraken
Because of ETH i able to afford booze and cake on my birthday so HBD ETH
My second bitcoin, i always looked at ETH in this fashion. HBD
SO many HBD message but none of us posted that candle gif
Never heard of HBD. Is that hive dollar?
Actually never used HBD but I might as well try it.
HBD in advance 
HBD, binance? coinbase? Lemme talk to jeff bezos, you deserve it
HBD mate hope you have a good one
Haha what the hell! 🥹 and HBD mate
HBD! Maybe we will hit 25k on your day.
HBD! What are the celebration plans?
HBD! Damn. I could do with some of them churros, cabron!
HBD! Are you doing something specific for your bday?
HBD! May the hairline not recede
I use blogging and commenting rewards on HIVE. You get rewards in HP which can convert to the HIVE token and HBD which is the Hive Backed Dollar. Takes a week from the day you were rewarded for it to hit your wallet, and quality content is always worth more.
HBD BTC. There are many more decades to go :)
Obviously this could be a huge discussion. I'm pretty skeptical of anyone who is really "plugged in" to the HBD community - lots of racism, and bad thinking. But... "There are differences between average height among races." Sounds like scientific racism. Also obviously true (notwithstanding that "race" is somewhat artificial). If that's racism, some racist things are true - not a good sign for that definition imo. Tangential aside - its not like "the data" HBDers would look at supports whites being the best
Eh, HBD is literally racism - the belief that there are genetic differences (particularly in intelligence and personality traits) among different races of people. But maybe you have a different definition of racism
>“I feel like part of me that is interested in HBD is the same part of me that loves personality types and ‘which character are you’ quizzes,” the account wrote. “There’s a stereotype of racist people that they will assume any East Asian person speaks Chinese or something. I appreciate that HBD people are the exact opposite of that, and will make fun of you for saying something about ‘Indians’ without specifying province and caste because come on, the genetic differences there are massive.” This = bigot to you? I mean... it doesnt *decrease* the chance shes a bigot but simply mentioning HBD doesnt cut it for me
HBD 🎂 i gift you my free helpful award 😁
Hive and HBD on the Hive blockchain for writing. Also, SPS, DEC and VOUCHER while playing Splinterlands on the Hive blockchain.
HBD! Kind of. To the Founding father of Cryptocurrency!
HBD BTC! In dog years you’re almost 100 🐶
If you're up for the volatility, bitcoin or ethereum. If you're not, Hive Savings is paying 20% APR on HBD, which is a stable coin backed by HIVE on the Hive blockchain. If you want stability but also exposure to a volatile token, provide liquidity to PHBD-USDC on Sushiswap, and stake the LP tokens on PolyCUB. This pool of stable coins is paying about 25% APR in POLYCUB tokens. All depends on your risk-reward tolerance.
During the past 6 months: Bought Splinterlands card packs with DEC and HBD. Paid my barber last month with LTC. Paid a lunch tab with BTC Not enough places accept it really or I’d use it more
First, I don't use usdt, but yeah I do see the risk. I have little to no choice though. Like, where else can I deposit $50k. I can't think of any place. Safest spot I can think of is bitcoin. Safest stablecoin I can think of is BUSD. But I don't like putting all my eggs in one basket. So I use BUSD, usdc, 4belt and HBD, and want to find more high quality stablecoins. It's a shortcoming not of crypto but of the youth of the concept. All of these are very young projects with little testing and revision time. I'm sure many of them are bubbly. But if I were storing my money like other Venezuelans, I would have to either use cash or nothing. I honestly can't think of a way to store my money outside of crypto lmao. So my next best shot is using strong banking companies like Binance and Gemini (which I can't use cuz it's not available in Venezuela) which provide stablecoins basically backed with their reputation and standing. I trust BUSD more than USDT because at least the company would get screwed if it lost its peg. We can see however how fickle these companies are. I didn't think Coinbase would suffer so much from one bitcoin price dump. Anyway, there's uncertainty of course. And I'm not sure what I can do. But it's still way better, for me at least, than fiat.
Very well. Incredible growth and HBD is more stable than ever.
HIVE and HBD. No premine, no bullshit. Forked from STEEM when Justin sun did a hostile takeover. Trustswap. Probably the only launchpad I've ever trusted.
HBD fellow future millionaire!
You can earn 12% on HBD (Hive Backed Dollar) on Hive.
One overlooked and underrated is HIVE blockchain and the HIVE backed dollar. HBD. Last month they just bumped staking yeild to %12
Today is Bitcoin’s 13th birthday (HBD BTC) and 13 is pretty young for money. Gold has been money for 5,000 years. We’re early.
Hope some of your candles are green today. HBD.
What a great way to celebrate! HBD!
What does this have to do with crypto tho bro. HBD, but I know there is another suitable sub for this post. R/cc aint it. Hope you have a very special day
HIVE Heaps of active users and dapps. Quick transactions. Community run and voted for nodes. No internal gas fees. Has a stable coin backed system (HBD). Can create internal tokens for Hive network apps. Has an internal marketplace for converting those internal tokens. Pretty much the most useful for everyday user crypto nerwork ive come across.
Don't think I can't add keeping track of all crypto's birthdays to my list. My brain might explode. HBD!
Hey Dot ,I'm sorry 😅 HBD DOT 🎂
There is steem and there is steem dollar (SBD). Hive was airdropped to all steem hodlers when they forked away from steem. You get 1:1 of whatever you owned in steem as hive. There was also HBD for SBD. Happened about 13 months ago
HBD ELON kahit para kang tanga minsan. Labyu.
HBD👊🏽 May the greens bless your port